Oman growth may halve to 3pc

From Tradearabia.com: Oman’s real growth in gross domestic product could fall by as much as half to around 3 percent in 2009 as the financial crisis bites, the sultanate’s central bank governor said.
Hamood Al-Zadjali told Reuters on the sidelines of a banking conference in Bahrain that inflation was set to fall to around 6 percent on average this year after hitting double digits in 2008, while credit growth was expected to ease to around 20 percent due to the economic slowdown…..Full Article: Source